MTA Real Estate

We lease retail spaces throughout the MTA's service area. That's a 5,000-square-mile area with about 15.1 million residents. Retail opportunities range from newsstands and caf├ęs to bookstores and full-service restaurants. We also lease and license parking lots and industrial space.
Call or email us for more information.

Current retail opportunities

The MTA is looking for innovative retail partners who can deliver world-class experiences for our riders. This is an opportunity to get an exclusive location, exposing your business to hundreds of thousands of riders a year. 

Telecommunications and utilities

The MTA's rights-of-way and other properties can provide a route or location for telecommunications and other utility installations that provide services to our customers and communities throughout our operating area. The MTA works with private and public sector organizations to allow such installations on MTA properties. To explore opportunities to install new or use existing conduits and ducts, or install equipment such as towers, antennas, and ground-based facilities for wireless communications, contact us using the information below. 

Grand Central Terminal

With over 500,000 visitors every day, the MTA's Grand Central Terminal is a major New York City destination for transportation, shopping, dining, fresh food, public events, and entertainment. The terminal houses more than 90 retail operations, including restaurants, stores, and food shops. Vanderbilt Hall, situated adjacent to the Main Concourse of Grand Central, is a spectacular setting for special public and private events including corporate functions, benefits, and exhibits. 

Historical Grand Central Terminal

Getting permission to use MTA property

Our staff can help you determine what property is controlled by the MTA and, if necessary, help you obtain the necessary license or permit and requirements for insurance. You can start your research by getting a tax map from your municipality and locating the county/borough, block, and lot number of the property in which you are interested. Please send us this information, along with the proposed use, how long you wish to use the property, and, if possible, a map.

Development near MTA stations

The MTA's Transit Oriented Team collaborates with property owners and municipalities across the region to promote development around transit stations that increase accessibility and provide housing, retail shops, office and public improvements.  To learn more, click here.

Station naming

If a name change request meets our guidelines, we use an independent consulting firm to determine the fair market value of the opportunity. The MTA Board needs to formally approve all station name changes. (For more, read our full policy.)

Please submit requests to Lucy Zachman.

The sponsor handles all costs related to the renaming.

Contact Information

Email Address

Phone Number

Mailing Address

Real Estate Department, Metropolitan Transportation Authority
2 Broadway
4th Floor
New York, NY 10004